Lufkin Vision Acquisitions

Nonprofit profile at a glance

EIN
820563768
IRS 990-EZ coverage
2010–2023
Forms available
Form 990-EZ 2023
Location
Lufkin, TX, USA
Phone
9366348111
Rating confidence
Limited
Sector
Public Foundations

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • T DOUGLAS LAWSON (BOARD MEMBER/PRESIDENT, SOUTH REGIO)
  • MONTE BOSTWICK (MARKET PRESIDENT)

People named in this filing

  • T DOUGLAS LAWSON (BOARD MEMBER/PRESIDENT, SOUTH REGIO)
  • MONTE BOSTWICK (MARKET PRESIDENT)
  • SHELLI BROOKS (MKT VP OP. FINANCE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To acquire real property to be held as rentals, sold to the public or donated to memorial health system of east Texas. On 5/18/2023, the assets and business operations of lufkin vision acquisitions were transferred to memorial health system of east Texas.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 55
  • Sustainability: NotEnoughData
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -31.1% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 0.2% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: -4.8% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2010 to 2023
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.